UMW O&G added that the rig was currently being prepared to be mobilised for a potential client in Southeast Asia.
“At 400 feet water depth, this latest rig will enable us to address a niche market where there is less competition. The additional asset will also provide us with the capacity to cover a wider market, both regionally and globally to continue our growth once the market recovers,” said UMW O&G president Rohaizad Darus in a statement.
With UMW Naga 8, the company’s drilling fleet now consists of eight drilling rigs and five hydraulic workover units.
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